Traders Tossed These Stocks in the Services Sector Today

At the close of trading on Tuesday, August 30, 2011, these stocks brought down the Services (NYSE:IYC) sector. Long time Wall St. Cheat Sheet readers know to watch stock prices because Technicals on the Stock Chart are Strong’ is one of the ‘T’s in our CHEAT SHEET investing framework.

Lowe’s Companies, Inc. (NYSE:LOW) was among the price losers in the sector as its stock price closed at $20.03, down 46 cents (-2.2%) from the previous close of $20.49. Lowe’s Companies Inc. is a home improvement retailer offering products to homeowners, renters and commercial business customers.

Stock Price Performance: From July 1, 2011, to August 29, 2011, the stock price had fallen $3.18 (-13.4%) from $23.67 to $20.49. The stock price saw one of its best stretches over the last year between March 16, 2011 and March 24, 2011 when shares rose for seven straight trading days, rising 4.9% (+$1.26). It saw one of its worst periods between July 26, 2011 and August 8, 2011 when shares fell for 10 straight trading days, falling 18.3% (-$4.17).

Waste Management, Inc. (NYSE:WM) was among the price losers in the sector. Its shares closed at $33.47, which is 43 cents (-1.3%) below the previous close of $33.90. Waste Management, Inc. is a provider of integrated waste services in North America. It provides collection, transfer, recycling, disposal and waste-to-energy services.

Stock Price Performance: From June 3, 2011, to August 29, 2011, the stock price had fallen $4.02 (-10.6%) from $37.92 to $33.90. The stock price saw one of its best stretches over the last year between September 9, 2010 and September 22, 2010 when shares rose for 10 straight trading days, rising 5.4% (+$1.77). It saw one of its worst periods between July 21, 2011 and August 2, 2011 when shares fell for nine straight trading days, falling 16.2% (-$5.91).

Shares of Kroger Co. (NYSE:KR) closed at $23.06, down 29 cents (-1.2%) from the previous close of $23.35. The Kroger Co. is a retail chain operating food and drug stores, multi-department stores, jewelry stores and convenience stores in the United States.

Stock Price Performance: From July 1, 2011, to August 29, 2011, the stock price had fallen $1.61 (-6.5%) from $24.96 to $23.35. The stock price saw one of its best stretches over the last year between March 2, 2011 and March 10, 2011 when shares rose for seven straight trading days, rising 6.3% (+$1.40). It saw one of its worst periods between May 31, 2011 and June 6, 2011 when shares fell for five straight trading days, falling 6.7% (-$1.65).

Jones Lang Lasalle Inc. (NYSE:JLL) was one of the sector losers in price. Its shares closed at $66.98, down $1.04 (-1.5%) from the previous close of $68.02. Jones Lang LaSalle, Inc. provides integrated real estate and investment management expertise on a local, regional and global level to owner, occupier and investor clients.

Stock Price Performance: From June 2, 2011, to August 26, 2011, the stock price had fallen $31.42 (-33.2%) from $94.69 to $63.27. The stock price saw one of its best stretches over the last year between December 9, 2010 and December 22, 2010 when shares rose for 10 straight trading days, rising 8% (+$6.39). It saw one of its worst periods between July 29, 2011 and August 8, 2011 when shares fell for seven straight trading days, falling 26.7% (-$22.75).

Mack Cali Realty Corporation (NYSE:CLI) was among the price losers in the sector as its stock price closed at $30.74, down 51 cents (-1.6%) from the previous close of $31.25. Mack-Cali Realty Corporation , together with its subsidiaries is a fully-integrated, self-administered, self-managed real estate investment trust (REIT) providing leasing, management, acquisition, development, construction and tenant-related services.

Stock Price Performance: From June 3, 2011, to August 29, 2011, the stock price had fallen $2.23 (-6.7%) from $33.48 to $31.25. It saw one of its worst periods between July 28, 2011 and August 8, 2011 when shares fell for eight straight trading days, falling 23.4% (-$7.86). The stock price saw one of its best stretches over the last year between December 15, 2010 and December 27, 2010 when shares rose for eight straight trading days, rising 9.3% (+$2.67).

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